First Hawaiian, Inc. and TriCo Bancshares Announce Shareholder Approvals of Acquisition

manilatimes.net · 2026-10-29

HONOLULU and CHICO, Calif., Oct. 29, 2026 (GLOBE NEWSWIRE) -- First Hawaiian, Inc. (NASDAQ: FHB) ('First Hawaiian'), parent company of First Hawaiian Bank, and TriCo Bancshares (NASDAQ: TCBK) ('TriCo'), parent company of Tri Counties Bank, jointly announced that they have received all required approvals from their respective stockholders and shareholders related to First Hawaiian’s acquisition of TriCo. The final voting results from each special meeting will be reported in separate Current Reports on Form 8-K to be filed by First Hawaiian and TriCo with the U.S. Securities and Exchange Commission.

TickrTrends take: First Hawaiian and TriCo Bancshares received shareholder approval for their proposed acquisition, marking a significant step toward completion of the transaction. Given TickrTrends' current assessment that FHB is fairly valued, investors should monitor how the acquisition terms and integration prospects affect the company's fundamental metrics going forward. The completion of this major banking sector consolidation could alter FHB's growth profile and operational efficiency measures that typically drive valuation assessments in the Financial Services industry.

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